214 New St #G-4NPhiladelphiaPA19106
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Philadelphia at 214 New St #G-4N, Philadelphia, PA, 19106 offers a 8.4% rental yield on a $389,000 purchase with $2,724/mo rent. Total monthly income registers $2,724/mo, and a $1,904/mo payment leaves $175/mo available for distribution. Annual cash flow reaches $2,099/yr on $128,954 to close, and return on cash invested stands at 21.54% in year one. Equity gained on principal adds $2,510/yr while 5% annual appreciation supports $107,474 over five years. Portfolio math shows five-year ROI at 112.04% and total cumulative return in cash at $144,474. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,724/mo property income against a $1,904/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1849
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19106, Philadelphia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,104 (100%) |
| Owner Occupied HU | 3,600 (35.6%) |
| Renter Occupied HU | 5,442 (53.9%) |
| Vacant Housing Units | 1,062 (10.5%) |
| Median Home Value | $602,253 |
| Average Home Value | $691,668 |
Housing Distribution
Address Breakdown
Residential
9,551
Single Family
1,707
Multi-Family
7,844
Businesses
1,654
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Listed by: Mark Tierney • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #PAPH2572776